Michael C. Kruteck - 30 Apr 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
Chief Financial Officer
Signature
/s/ Michael Kruteck
Issuer symbol
TLRY
Transactions as of
30 Apr 2021
Net transactions value
-$1,227,494
Form type
4
Filing time
17 May 2021, 16:15:28 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Class 2 Common Stock Options Exercise +29,143 +60% 77,572 30 Apr 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability $240,137 -14,134 -18% $16.99* 63,438 30 Apr 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +66,640 +105% 130,078 30 Apr 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability $549,083 -32,318 -25% $16.99* 97,760 30 Apr 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +53,192 +54% 150,952 30 Apr 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability $438,274 -25,796 -17% $16.99* 125,156 30 Apr 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLRY Restricted Stock Units Options Exercise $0 -29,143 -100% $0.000000* 0 30 Apr 2021 Class 2 Common Stock 29,143 Direct F1, F2
transaction TLRY Restricted Stock Units Options Exercise $0 -66,640 -100% $0.000000* 0 30 Apr 2021 Class 2 Common Stock 66,640 Direct F1, F2
transaction TLRY Restricted Stock Units Options Exercise $0 -53,192 -100% $0.000000* 0 30 Apr 2021 Class 2 Common Stock 53,192 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael C. Kruteck is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into shares of Tilray, Inc. Class 2 Common Stock on a one-for-one basis.
F2 RSUs granted to the reporting person were accelerated and became fully vested on April 30, 2021.